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OR

Salem Strategic Investment Program

Long-term property tax incentive for very large capital investments in Salem and Marion County.

About this program

The Strategic Investment Program is an Oregon incentive for very large capital investments. Salem-area projects can use local agreements to exempt a portion of large taxable investments while providing community service fees and local public benefits.

Eligibility

Capital-intensive businesses with very large qualifying investments in the Salem area that meet Oregon Strategic Investment Program requirements.

Requirements

  • Coordinate with local government and Business Oregon before project commitments
  • Meet minimum investment thresholds and negotiate local agreement terms
  • Submit property, investment, employment, and community service fee documentation